Business in the Maldives, Male, Tourism

1. Introduction to the Republic of Maldives (Asia)
2. Maldivian Economy
3. Foreign Trade of the Maldives
   1. Asia-Africa Growth Corridor
4. Investment in the Maldives
5. Business Opportunities in the Maldives
   1. Tourism sector
   2. Fishing sector
6. Case Study: Villa Shipping and Trading Company. Mr Qasim Ibrahim
7. Access to the Maldivian Market
8. Business Plan for the Maldives

The objectives of the subject “International Trade and Business in Maldives” are the following:

1. To analyze the Maldivian Economy and Global Trade
2. To identify business opportunities in Maldives
3. To explore the Maldivian trade relations with the student's country
4. To know the Maldivian Trade Agreements
5. To examine the profile of Maldivian Companies
6. To develop a business plan for the Maldivian Market

The Subject “Foreign Trade and Business in the Maldives” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Masters adapted to Maldivian Students.

Languages: Maldivas Maldives.

Credits of the subject “Doing Business in the Maldives”: 1

Maldivian Preferential Access and Trade Agreements:

1. The Maldives and the Central Eurasian Economic Area
2. South Asian Association for Regional Cooperation
3. South Asia Economic Cooperation (SASEC)
4. Asian Clearing Union
5. Trade Agreement with India
6. Islamic Trade Preferential System
7. Islamic Centre for Development of Trade
8. Indian-Ocean Rim Association

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. International Maritime Organization
   1. Customs Convention on Containers - not a member
   2. Istanbul Convention - not a member

1. Islamic Development Bank
2. OIC
   1. Committee for Economic Cooperation
   2. Islamic Chamber of Commerce
   3. Islamic Centre for Development of Trade
   4. Economic Centre for Islamic Countries
3. Asia-Middle East Dialogue

1. Boao Forum for Asia
2. Colombo Plan
3. Africa-Asia Strategic Partnership
4. Asia Cooperation Dialogue
5. ESCAP
6. Asian Development Bank

1. UN
2. WB
3. WTO
4. IMF

1. Maldivian Population: 350,000
2. 79% under thirty-five years of age
3. Literacy rate: 98%
4. Maldivian capital: Male
5. Maldivian official language: Dhivehi (Thaana Script), the majority of the Maldivians speaks English
6. More than 1,190 Islands
7. Tropical climate
8. Maldivian Independence: 1968 (UK)
9. Sunni Islam is the official religion
10. Neighboring countries (by Sea): India, Sri Lanka, Indonesia, and the Seychelles

The Maldives belongs to the Central Eurasian Economic Area (Islamic Civilization).

Maldivian Economy.

1. The Maldivian GDP growth of 7% last twenty years
2. The main economic sectors are tourism and fishing (40% of the GDP)
3. Total imports: 60% of the Maldivian GDP
4. Maldivian Petroleum: 31% of the total imports
5. Maldivian Currency: Rufiyaa
6. Special Economic Zones
7. Recent investments (FDI): Hilton, Four Seasons, Club Med, KPMG, and Price Waterhouse
8. The largest port in the Maldives: Male. Future Port of Thilafushi
9. The Maldives has not mineral resources
10. Risk of natural disasters
11. Effects of the Asian tsunami (2004): near 62% of the GDP

International Trade and Business in the Maldives:

International Trade of the Maldives.

1. Maldivian merchandise exports (% of the GDP): 23%
2. Maldivian Merchandise imports (% of the GDP): 23.6%
3. Service exports (% of the GDP): 4.4%
4. Service imports (% of the GDP): 1.4%
5. Maldivian FDI Inflows (% of the GDP): 1.3%
6. Top Maldivian export markets: China, Kazakhstan, Turkey, and Bangladesh
7. Top Maldivian import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey

(c) EENI Global Business School (1995-2024)
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